Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
December 31, 2023 14.78%
September 30, 2023 13.55%
June 30, 2023 12.76%
March 31, 2023 12.25%
December 31, 2022 13.22%
September 30, 2022 13.56%
June 30, 2022 14.20%
March 31, 2022 14.09%
December 31, 2021 18.04%
Date Value
September 30, 2021 17.50%
June 30, 2021 17.85%
March 31, 2021 17.41%
December 31, 2020 21.27%
September 30, 2020 20.27%
June 30, 2020 20.52%
March 31, 2020 15.09%
March 31, 2017 18.75%
March 31, 2016 19.18%

Gross Profit Margin Definition

Gross Profit Margin is calculated using Gross Profit/Revenue. This metric measures the overall efficiency of a company in being able to turn revenue into gross profit and doing this by keeping cost of goods sold low. An analyst looking at gross profit margin might look for a higher gross profit margin relative to other comparable companies as well as a gross profit margin that is growing.

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Gross Profit Margin (Quarterly) Range, Past 5 Years

12.25%
Minimum
Mar 2023
21.27%
Maximum
Dec 2020
16.02%
Average
14.94%
Median

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics